“For us, it’s all about the timing. Kiip allows your brand to reach users during achievements — these moments of elation, either with real, tangible rewards or gifts of virtual currency.”

What’s better than completing level 25 after two hours of frustration? Getting a nice reward for doing so.

Users no longer take your offers for granted and feel more brand loyalty because they earned it. Big brands such as McDonald’s, Amazon, Pepsi, 7-Eleven, and Sony Music use the platform to offer promotions.

And it’s not just for brands and games. Kiip’s rewards platform has been used by the productivity app Any.Do and for the fitness app SoFit as well as others.

Demonstrating impact on mobile marketing

Kiip is designed to support marketers’ efforts in creating an emotional connection with brands and increase customer engagement. The company claims in a press release that businesses joining the network have initial engagement rates of 15 percent, compared to the industry average 0.4 percent click-through rate.

While the company is still in its infancy, it has already garnered its share of plaudits. Business Insider has gone as far as saying “[Kiip's CEO] may have cracked the future of mobile advertising.”